Bertelsmann reports revenue increase in first nine months of 2014
German media group Bertelsmann reported this week that revenues increased 4.3 percent to 11.82 billion euros in the first nine months of 2014, over the previous year's 11.33 billion euros.
The increase can be attributed to strategic acquisitions in the last 18 months, including the combination of Penguin and Random House, plus taking full ownership of the music rights company BMG.
BMG took over the publishers Talpa and Union Square as well as the Montana and Hal David rights catalogues. ...
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